Undergraduate Thesis Bachelor of Science in Business Administration Major in Financial Management University of Rizal System Binangonan 2025

Includes bibliographical references

This study examined the allowance management practices of Financial Management students at the University of Rizal System Binangonan, with the aim of determining how their academic knowledge in finance influences real-life financial decisions. Anchored on the Financial Socialization Theory, the research focused on three dimensions of allowance management: financial information, financial literacy, and financial behavior. The respondents consisted of 252 undergraduate Financial Management students, selected through simple random sampling. Data were gathered using a researcher-made questionnaire and analyzed using frequency, percentage, welghted mean, and One-Way ANOVA. The findings revealed that financial behavior was the most frequently practiced aspect, with students consistently evaluating affordability before purchases and seeking discounts, reflecting cost-conscious spending habits Financial literacy and financial information were also often practiced but showed areas for improvement, particularly in consistent budgeting and family financia discussions. Statistical analysis indicated significant differences in allowance management practices when grouped by age and monthly allowance received while no significant differences were found based on sex. Common challenge: included emotional spending, failure to follow budgets, and limited saving: prioritization. The study concludes that while students exhibit positive financial behaviors strengthening financial literacy and budgeting discipline through targete education programs remains necessary to promote sustainable financial habits.